NIMU announced that Non-Invasive Monitoring Systems, Inc recently received
notice of allowance for a US patent on its flagship product, the
AT-101. This patent that includes 73 claims consists of three major
topics, the device itself, medical applications that are current and
planned, and means to modify the AT-101 in the future such that it
performs as a non-invasive ventilator as a substitute or supplement
for current mechanical ventilators. Macleod indicated that "The
Company is pleased that the current intended use, acute relief of
minor aches and pains associated with osteoarthritis of the hip now
under review by FDA as a pre-IDE submission, is among the claims
accepted by the US Patent office."
Dr. Marvin Sackner, Chairman of the Board of Directors of NIMS,
stated, "We are delighted that the US patent office saw fit to
acknowledge the patentability of our AT-101 product. He added that the
European patent office recently allowed the claims for the first US
patent 6,155,976 granted in December 2000, reciprocating movement
platform for shifting subject to and fro in headwards-footwards
direction. This patent forms the basis of the AT-101 technology. This
will allow broad market protection to continue our strategy of
marketing the AT-101 therapeutic vibrator, as a drug-free means to
provide acute relief of minor aches and pains associated with
osteoarthritis of the hip as well as developing and marketing a less
expensive, home version of this device."
Safe Harbor Statement under the Private Securities Litigation
Reform Act of 1995: The Statements which are not historical facts
contained in this press release are forward-looking statements that
involve certain risks and uncertainties including but not limited to
risks associated with the uncertainty of future financial results,
additional financing requirements, development of new products,
government approval processes, the impact of competitive products or
pricing, technological changes, the effect of economic conditions and
other uncertainties detailed in the Company's filings with the
Securities and Exchange Commission.
Gary Macleod, Chief Executive Officer
KEYWORD: NORTH AMERICA FLORIDA UNITED STATES
INDUSTRY KEYWORD: HEALTH MEDICAL DEVICES PRODUCT/SERVICE
SOURCE: Non-Invasive Monitoring Systems, Inc.
CONTACT INFORMATION:
Non-Invasive Monitoring Systems, Inc., North Bay Village
Gary Macleod, 305-861-0075
gmacleod@nims-us.com
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